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Market Outlooks

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TotalEnergies eyes top position in LNG production as it moves away from Russia
Market Outlooks

TotalEnergies eyes top position in LNG production as it moves away from Russia

French energy giant TotalEnergies is ramping up investments in liquefied natural gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition, according to the company’s 2022 Strategy & Outloo

about 3 years ago
Illustration/Sabella’s D10 tidal turbine (Courtesy of Sabella)
Market Outlooks

Sabella signs tidal energy deal in Indonesia

Sabella has formed strategic partnership with state-owned Indonesian corporation PT PLN (Persero) and PT Meindo Elang Indah to jointly perform a feasibility study for the first tidal farm development in the world’s largest archipelagic state.

about 3 years ago
Illustration (Courtesy of BMT)
Market Outlooks

Sustainable Marine starts full-scale smart grid trials with various renewables onboard

Sustainable Marine’s tidal energy technology is set to play a central role in the Ocean Energy Smart Grid Integration Project, as final testing gets underway in Nova Scotia, Canada.

about 3 years ago
Illustration/Floating solar power plant (Courtesy of Sweco)
Market Outlooks

Sweco to carry out feasibility study for floating solar technology in Uganda

Swedish engineering consultancy Sweco has been tasked with conducting a feasibility study for floating solar technology at hydroelectric dams in Uganda and a detailed design of a pilot plant.

about 3 years ago
Sustainable Marine's next-gen rock anchor installation system (Courtesy of Sustainable Marine)
Market Outlooks

Sustainable Marine launches ‘next-gen’ anchor installation system for offshore renewables

Blue economy solutions provider Sustainable Marine has unveiled its next generation rock anchor installation system for offshore renewables, including tidal energy and floating wind.

about 3 years ago
The 12kW GKinetic unit deployed at Strangford Lough (Courtesy of GKinetic Energy)
Market Outlooks

GKinetic concludes ‘pivotal’ hydrokinetic turbine demonstration in Northern Ireland

GKinetic Energy has completed the testing of its 12kW unit at Strangford Lough, making major technical, commercial and environmental progress that will help fast-track the commercial uptake of its clean energy technology.

about 3 years ago
Inna Braverman and Robert Karabinchak (Courtesy of Eco Wave Power)
Market Outlooks

New Jersey’s wave energy bill initiative takes a step forward

The New Jersey State Assembly’s Special Committee on Infrastructure and Natural Resources unanimously agreed to advance the wave energy bill initiative, which encourages the state of New Jersey to explore a deployment plan for wave energy technologies.

about 3 years ago
MOL
Market Outlooks

MOL enters ship fuel efficiency partnership, backs Mission Possible’s ammonia proposal

Japanese shipping company Mitsui O.S.K. Lines (MOL), its group company MOL Techno-Trade (MOLTT) and Akishima Laboratories (Mitsui Zosen) have formed a strategic partnership to progress fuel efficiency of MOL Group-operated vessels and minimise vessels’ greenhouse gas (GHG) emissions.

about 3 years ago
Orkney Research and Innovation Campus - ORIC (Courtesy of Highlands and Islands Enterprise)
Market Outlooks

Orkney’s innovation center for marine renewables secures over €3M for expansion

Highlands and Islands Enterprise (HIE) and Orkney Islands Council (OIC) have approved a funding package totaling £2.8 million (€3.1 million) towards the second phase of development at Orkney Research and Innovation Campus (ORIC).

about 3 years ago
initiative
Market Outlooks

Maritime sector’s green fuel initiative launched in the USA

Representatives of the maritime sector have officially launched an initiative to catalyze the supply of green fuels to support the global energy transition.

about 3 years ago
Illustration/Wind and wave energy farm (Courtesy of Mocean Energy)
Market Outlooks

WES awards contract for floating wind and wave energy landscaping study

Wave Energy Scotland (WES) has hired Offshore Wind Consultants (OWC) to carry out a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy technologies and projects.

about 3 years ago
‘Historic call’ for international mechanism to put an end to fossil fuels and speed up ‘just transition’
Market Outlooks

‘Historic call’ for international mechanism to phase out fossil fuels and speed up ‘just transition’

At a recent UN General Assembly, Vanuatu called for a treaty to end the fossil fuel era and accelerate a transition to low-carbon energy.

about 3 years ago
Saint-Nazaire offshore wind farm and offshore substation/Photo by: Parc Eolien en Mer de Saint-Nazaire on Twitter; Eolien Maritime France (EMF)
Market Outlooks

In focus: Offshore renewables and green hydrogen set to herald in a new energy paradigm

The global energy sector’s transition from fossil-based systems of energy production to renewable energy sources is proving to be an increasingly challenging goal to attain, especially in the context of current energy security and supply setbacks. However, offshore renewable energies – mainly offsho

about 3 years ago
DEEC-Tecs can be built into numerous shapes, like snakes and balloons, to capture energy from a wide range of ocean environments (Illustrations by Besiki Kazaishvili, NREL)
Market Outlooks

NREL secures first patent for DEEC-Tec marine energy applications

Researchers from the National Renewable Energy Laboratory (NREL) have secured the first patent for distributed embedded energy converter technologies (DEEC-Tec), which relates specifically to the application of the technology in marine renewable energy.

about 3 years ago
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